News
US investment firm BlackRock sees growth in Asian infrastructure on AI boom – report
The surge in electricity demand is outrunning the available power supply in many parts of the world, leading to growing concerns of outages and price increases for the most data center dense regions, Bloomberg reported.
Malaysian data center market to further expand on demand surge — CBRE
Malaysia offers vast land areas which are affordable, plenty of power and water resources, as well as greater connectivity for data center operation.
Vietnam says SpaceX’s Starlink plans $1.5B investment – report
Vietnam’s government said last year that SpaceX was interested in providing the country with its low-Earth orbit satellite service.
Advantech unveils expanded Singapore office to boost ASEAN presence
Advantech, a global leader in industrial internet of things (IoT) and embedded computing solutions, has officially inaugurated its expanded regional office in Singapore.
IFC-led consortium to provide up to $400M to PTCL to boost digital connectivity in Pakistan
International Finance Corporation (IFC), alongside other investors, is providing up to $400 million to Pakistan Telecommunication Company (PTCL) to finance its acquisition of Telenor Pakistan Private Limited and Orion Towers Private Limited.
GITC partners GDEX to develop skilled workforce for logistics industry
Malaysia-based Government-Industry TVET Coordination Body (GITC) and GDEX Berhad (GDEX) are collaborating to develop a skilled and competent workforce to meet the needs of the courier and logistics industry.
$8 trillion opportunity in sustainable cooling solutions for developing economies, says IFC and UNEP report
The cooling market in developing economies is expected to grow from around $300 billion to at least $600 billion, per year by 2050, according to a report released on Wednesday by the UN Environment Program (UNEP)-led Cool Coalition and International Finance Corporation (IFC).
AirAsia MOVE’s MOVETIX partners Ticketmelon to enhance ASEAN’s event booking experience
MOVETIX, the global ticketing platform for events and concerts on the Malaysia-based AirAsia MOVE app, has announced a strategic partnership with Ticketmelon, one of the region's premier ticketing and event technology platforms, to enhance ASEAN’s event booking experience.
Temasek sets aside $78M Concessional Capital for Climate Action
Singapore state-owned investor Temasek has committed to set aside S$100 million ($77.67 million) as concessional capital for Climate Action (CCCA).
Singapore’s ProfilePrint inks major agreements with Brazilian agricultural leaders for AI solutions
ProfilePrint, a Singapore-based artificial intelligence (AI)-driven ingredient quality platform, has announced the signing of new agreements with Brazil's two largest coffee exporting cooperatives, Cooxupé and Minasul, as well as Instituto CNA, a government-supported institution representing Brazil’s agricultural sectors.
